Taxes collected under this subchapter may be used only for the purposes for which the district was created, and the district may pledge the revenue derived from the taxes imposed under this subchapter to the payment of bonds issued by the district.
Tex. Loc. Gov't Code § 383.105
USE OF TAX
Known as the County Development District Act
The act spans §§ 383.001 to 383.123 (53 sections).
Added by Acts 1995, 74th Leg., ch. 995, Sec. 5, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.